Watch Funding Rates Carefully While Markets Are Moving Sideways

π Across exchanges, funding rates have turned mixed toward Bitcoin and mild shorting toward Ethereum. We will see a sustained crypto rebound when $BTC shorts become consistent again. And as $ETH is continuing to see a bias toward shorting, the asset will likely go on a large run and liquidate many as cryptocurrency markets eventually turn. π There is no guarantee that markets are going to turn bullish imminently. But extreme funding rates are typically a telltale signal that will foreshadow when:
π΄ Markets will see bounces due to short liquidations boosting prices upward
π’ Markets will see dumps due to long liquidations boosting prices downward